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Australian (ASX) Gold Industry Analysis

Updated-
DataAggregated Company Financials
Companies0
  • 7Dn/a
  • 3Mn/a
  • 1Yn/a
  • YTDn/a

Newcrest Mining is up 6.2%, leading the way for the Gold industry, which has gained 6.0%. In the same time, Mindax was down 31%. In the last 12 months, the industry was up 6.4%. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Australian Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
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Current Industry PE
  • Investors are optimistic on the Australian Gold industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 125x which is higher than its 3-year average PE of 38.5x.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have declined 29% per year over the last three years.
  • Meanwhile revenues for these companies have grown 12% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian Gold compare with similar industries?

AU Market-0.079%
Materials1.39%
Metals and Mining1.49%
Gold5.96%
Silver2.56%
Copper2.26%
Aluminum2.04%
Diversified Metals and Mining0.84%
Steel0.47%
Precious Metals and Minerals-0.68%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NCM Newcrest MiningAU$27.506.2%
+AU$1.4b
11.6%PE18.7x
NST Northern Star ResourcesAU$13.628.5%
+AU$1.2b
54.9%PE78.1x
DEG De Grey MiningAU$1.4310.0%
+AU$203.0m
30.7%PS4508.6x
CMM Capricorn MetalsAU$4.5010.0%
+AU$154.1m
23.0%PE21.7x
GOR Gold Road ResourcesAU$1.887.1%
+AU$134.8m
37.9%PE31.7x
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Latest News

BEZ

AU$0.22

Besra Gold

7D

-6.4%

1Y

205.6%

SXG

AU$0.46

Southern Cross Gold

7D

-8.9%

1Y

-33.3%

AXN

AU$0.09

Alliance Nickel

7D

-9.1%

1Y

-30.8%

ARE

AU$0.001

Argonaut Resources

7D

-50.0%

1Y

-75.0%

NST

AU$13.62

Northern Star Resources

7D

8.5%

1Y

54.9%

STK

AU$0.042

Strickland Metals

7D

-6.7%

1Y

-40.0%

DEG

AU$1.43

De Grey Mining

7D

10.0%

1Y

30.7%

MDX

AU$0.066

Mindax

7D

-30.5%

1Y

n/a